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gm - September 10th, 2022

gm 👋

Crypto markets look flat, but this is a good thing considering the amount of pent-up volatility lurking in leverage. The Ethereum merge is roughly 5 days away with looming uncertainty around PoW fork, gas fees, miners' reaction, etc. Bitcoin sits at $21.2k on healthy volumes of $37B, while Ethereum is $1720 on $13B of turnover.

NFT volumes overall were $15M, with EVM-NFTs at $8M and Solana-NFTs at $5M. BAYC takes the top place with $1.1M in turnover, while y00ts comes in second with $800k traded. ENS was $760k, Sorare at $500k, and Flow’s NFL All Day at nearly the same as Sorare’s $500k

Snapshot of Blue-Chips

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NFT headlines:

Animoca Brands raises US$110 million in funding round led by Temasek, Boyu Capital, GGV Capital

Music NFTs will take gaming to new levels

NFT Game Consultant Says Poor People Could Be NPCs

A Modern Marketer’s Guide to NFT Adoption and Branding

Queen Elizabeth artwork NFTs flood into OpenSea marketplace

Quentin Tarantino Reaches Settlement With Miramax in ‘Pulp Fiction’ NFT Lawsuit

GameStop’s New FTX Partnership Could Boost Web3 Onboarding

ApeCoin Leads NFT, Metaverse Token Rally With Double-Digit Gains

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